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20100901
20100930
Search Results 0 to 8 of about 9 (some duplicates have been removed)
, corporations. >> question, by the way, the word stimulous is apparently now not used. the president's job approval rating is low. historically so. did this week put president obama back on an upward track? pat buchanan. >> no it did not, john. there's no doubt he was in campaign mode and spoke more eloquently there. he mentioned john boehner and attacked him by name seven times and nobody in the country knows who john boehner is. secondly the mosque issue and the issue of the burning korans was a tremendous distraction all week. third, his proposal, some of which are interesting, credits like that. they are too little, they are too late. frankly some of his rhetoric, they treat me like a dog is getting pity me, it doesn't come off well. >> what is the political part on obama's part? >> you have to put a face on the opposition and mr. boehner is a pretty good face. he has been in the congress since 1990. he was part of the gingrich revolution in 1995. he was video taped on the house floor handing out checks from the tocco industry to members while they were discussing ending tobacco subs
that's bold, that touches these third rails, the other side will use it as a political weapon against you so don't dare try. we have to get off, if we court start tackling the fiscal problem, it will tack ale lot. what i do the point i'm trying to make is we do this now and get our prosperity agenda. what i mean when i say this is my plan says nothing changes for anybody 35 and above. -- 55 and above, so if you are 10 years away from retiring we can guarantee your benefit, if you are 54 and below you know the programs won't be the samement you know that the social insurance safety net system we have is imploding. we need to reform it to fix it. i use a few values and principals on how i fix those things am i go kif-- i can give you details if you like. the point i make is do it now, preema debt crisis, if he kick the can down the road it will be austerity to everybody. tax increases to current workers that is the pain plan we shouldavoid that. >> rose: i meant by dismantle, just dismantle in the traditional way that it works. in other words, you can use the word change. >> words matte
's collapse and the ensuing crisis led to a new push to make banks safer. in the u.s. a sweeping financial reform bill signed into law in july imposed stricter capital requirements on banks, yet largely left u.s. regulators to determine those levels. now new international standards may be on the way. this weekend in basil, switzerland, central bankers from 27 countries including ben bernanke agreed to new rules that included substantially raising amount of capital that banks must hold in reserve. banks in the u.s. currently must hold about 2% of their assets in capital or equity to absorb losses in the event of runs or financial panics. under the so-called basil-3 agreement the new international standard would be 7% of assets. but banks would have until 2019 to implement it. the head of the european central bank said the move would help protect against another meltdown. >> what we have decided is commensurate to permit when we have all the standards in place to make the banking sector at a global level much more resilient. and i would say we think we are commensurate to the shocks that we
, the engine that connects us. and the william and flora hewlett foundation, working to solve social and environmental problems at home and around the world. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> lehrer: the president accused the republicans of being fiscally irresponsible, but admitted that his own policies have not worked as quickly as hoped. congressional correspondent kwame holman reports. >> we got some business to do today. >> reporter: just eight weeks from election day, the president made his pitch in cleveland today to help the sputtering u.s. economy >> that means making long-term investmentin education and clean energy; in basic research, technology, and infrastructure. >> reporter: and he also took a stand against extending the bush era tax cuts for the top 2% of earners, setting up a pre- election fight with republicans in congress. he accused the g.o.p. of being mr. obama repeatedly
the country would say, "we're not there yet." if the election is about the policies that are going to move us forward versus the policies that will get us back into a mess, then i think the democrats will do very well. >> holman: one such policy is mr. obama's push to extend middle-class tax cuts, something he argued should garner bipartisan support. >> 97% of americans make less than $250,000 a year... $250,000 a year or less. and i'm saying we can give those families-- 97%-- permanent tax relief. now, that seems like a common- sense thing to do. and what i've got is the republicans holding middle-class tax relief hostage because they're insisting we've got to give tax relief to millionaires and billionaires to the tune of about $100,000 per millionaire, >> holman: on health care, the president was pressed about a government report showing health care costs on the rise. that, despite the passage of legislation aimed at bending down the cost curve. >> we didn't think that we were going to cover 30 million people for free, but that the long-term trend, in terms of how much the average family i
, who covers capitol hill for "the new york times." thanks for being back with us. so what's this delay all about? >> well, the senate clearly doesn't want to get embroiled in this issue before the election. it's just too unpredictable and the story line for democrats is clean, as things stand now. they're making the case that republicans would block tax relief for the middle class to hold out for tax break force the wealthy. republicans, of course shall want to extend those tax cuts for everyone. and so it's easier in the view of democrats to push this until a lame duck session. the political situation will obviously be less intense then. but as you said, the house speaker today left open the possibility of forcing a vote. and that could get really interesting next week. >> woodruff: now why the different calculus in the senate and in the house. >> the calculus probably isn't different. the conventional wisdom still is that in the end the house will decide to go home and campaign without taking this vote. but there's no reason for speaker pelosi to relent right now when she thinks she'
Search Results 0 to 8 of about 9 (some duplicates have been removed)